Public finance decisions involve ethical considerations from "summary" of Public Finance by Harvey S. Rosen
Ethical considerations play a crucial role in public finance decisions. These decisions involve determining how government revenues should be raised and how they should be spent. At the heart of these choices are ethical questions about fairness, equity, and the proper role of government in society. When policymakers decide on tax policies, they must consider the distributional effects of those policies. For example, who bears the burden of a particular tax? Is it fair for low-income individuals to pay the same tax rate as high-income individuals? These are ethical questions that must be addressed when designing tax systems. Similarly, when allocating government spe...
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